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Intel stock jumps, Qualcomm stock slips
Intel stock jumps on rumors of $5 billion Apollo investment
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Intel stock jumps after report of possible Apollo investment
Intel ( INTC) stock jumped as much as 5% in premarket trading Monday following a Bloomberg report of a potential multi-billion dollar investment from Apollo Global Management. ( Disclosure: Yahoo Finance is owned by Apollo Global Management.)
Why Intel Stock Popped Today
Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% after sinking 6% earlier, showing Qualcomm investors didn't like the idea of a tie-up between the two chip giants.
Stock Market, Dow
Stock Market Today: Dow, S&P 500 Eke Out New Highs
Intel was among the best performers Monday, boosted by M&A news and reports of a potentially massive cash infusion.
Stock Market Today: Dow Futures Hold Steady; Intel Stock Rallies
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock Market Today: Dow edges up as stocks look to extend Fed rate-cut rally
Shares of Intel climbed 4.1% in recent trading, enough to pace the Dow's gainers, after reports of investor interest in the chip maker. The stock is now trading 20.4% above the 14-year closing low of $18.
5h
Why Some Analysts Say Qualcomm's Potential Takeover of Intel is 'Impractical'
A reported Qualcomm proposal to take over Intel was cheered by investors, but analysts question the practicality of such a ...
7h
Intel needs Qualcomm — but that's not a two-way street, Bank of America says
After missing second-quarter earnings expectations and seeing its stock fall over 50% so far this year, Intel (INTC) is still ...
7h
3 Reasons Why Intel Stock Sealed a Strong Week: Time to Buy?
A trifecta of events helped Intel's shares to bounce back last week, registering its best weekly performance since November.
18h
Stock Market Today: S&P 500 Gains; Intel Stock Rallies
Stock futures slip as new week gets under way. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
13h
Should Qualcomm Buy Intel?
Intel Corporation’s struggles may make it an acquisition target for Qualcomm Incorporated, but it faces risks and regulatory ...
22h
on MSN
Intel stock forecast as a new twist emerges
Intel (INTC) stock price will be in the spotlight on Monday as investors reflect on the rumoured offer by Qualcomm and news ...
8h
Intel Stock Climbs Toward 7-Week High As Rumors Swirl: Here’s What To Know About Embattled Chip Maker
Is Intel desperate enough to seriously consider something like this?,” asked one analyst about the bombshell report about a ...
7h
on MSN
Stock movers: Intel, Constellation Energy, General Motors
The stock market is trading higher Monday. The S&P 500 climbed 0.26% and the tech-heavy Nasdaq Composite added 0.21%. The Dow ...
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